Gold and silver prices slipped again for the second consecutive time this week. The rally of the USD against the Euro and Japanese yen coincided with the drop of precious metals prices. Yesterday, U.S retail sales report came out: The…
Despite the highly anticipated crash of the U.S coal industry, several coal companies such as CONSOL Energy (NYSE:CNX) and Alliance Resource Partners (NASDAQ:ARLP) have done well in the stock market. These companies are likely to see a reduction in the…
The gold and silver market kicked off the week with a slow start as both precious metals prices slipped yesterday. This rally of the past couple of weeks may have reached a halt. The depreciation of the Euro and Japanese…
The prices of gold and silver continued their upward trend during last week. Their rally coincided with the depreciation of the USD against the Euro and Japanese yen. The non-farm payroll report didn’t meet expectations with only 148k jobs added…
Oil prices (WTI and Brent) continued to tumble during last week: WTI fell by 2.94%; Brent oil, by 2.74%. As a result, the gap of Brent oil over WTI slightly widened: The premium ranged between $9.08 and $12.17. The EIA’s…
During the previous week, energy commodities prices fell including natural gas and oil. Conversely, gold and silver prices continued their upward trend. In the forex market, the USD appreciated against several currencies such as Aussie dollar and Canadian dollar, but…